![]() We are in Project Resource Management and as the process name implies in the planning process group and we are at the second process Estimate Activity Resources which is defined as the process of estimating team resources and the type and quantities of material, equipment and supplies necessary to perform project work. This important process here will help you estimate and identify the type and quantities of human resources, equipment materials and supplies required to perform each of the schedule activities and the project as a whole.īut first let us see where we are in the overall PMBOK® Guide map. Several factors that influence Activity resource estimating and we discuss the process details and how you need to coordinate with other processes. We go through the various types of resources that are estimated. In this lesson, we discuss the Estimate Activity Resources process. Hello and welcome to The Project Management PrepCast™ where you can use your ears and eyes to prepare for your exam. Like I said, it’s the right choice! Please visit for all the details. Preparing for your PMP® Exam has never been easier. You can save all 150 lessons on your tablet or on your phone! In that way, your PMP® training course is always in your pocket no matter where you are even if you are offline. This means that you cannot only watch online but even better. The greatest technological benefit that The PM PrepCast™ gives you over other online courses is the fact that it is a podcast that you can choose to download. This free session here will allow you to experience what the course is like and you’ll see that it is the right choice for you too. Thank you for your interest in our Project Management Professional (PMP)® Exam training course.įor over 45,000 students, The PM PrepCast™ was the right choice. I am Cornelius Fichtner and I am the lead instructor. Hello, and welcome to this free lesson from The Project Management PrepCast™. ![]() ![]() Transcripts are not provided for other PrepCast lessons. Please note that the transcript is provided for promotional purposes only. President, OSP International LLC Transcript We explore the process in detail and review all Inputs, Tools & Techniques, as well as Outputs (ITTOs) that you need to know for the exam. It is closely related to Estimate Activity Durations because without knowing who will be performing a task you cannot estimate precisely how long it will take them. This lesson looks at the second process of the Project Resource Knowledge Area. The process of estimating team resources and the type and quantities of material, equipment, and supplies necessary to perform project work." This definition is taken from the Glossary of Project Management Institute, A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) - Sixth Edition, Project Management Institute Inc., 2017. (Note: Overlaps with, but not the same as the PMI defined Tools and Techniques.The first minute of this free lesson is a quick preface about PrepCast features and functionality. Six Methods for the Estimation of Activity Duration in Project Management by Bert Markgraf, studioD.Group decision-making techniques was a technique. In the 5th edition, activity cost estimates was an input. See section 6.4 of the PMBOK, 5th edition when it was called estimate activity resources or section 6.4 of the 6th edition when the name changed to estimate activity durations and it moved from the time management (now schedule management) knowledge area to resource management. ( Critical chain method handles this under risk. Project management plan ( schedule management plan, scope baseline), project documents ( activity attributes, activity list, assumption log, lesson learned register, milestone list, project team assignments, resource breakdown structure resource calendars, resource requirements risk register), enterprise environmental factors, organizational process assetsĮxpert judgment, alternative analysis, published estimating data, bottom-up estimating, data analysis ( alternative analysis, reserve analysis) decision making ( voting), meetingsĭuration estimates, basis of estimates, project documents updates ( activity attributes, assumption log, lessons learned register)ĭuration is the elapsed time, usually measured in working days.Ĭritical path method puts the schedule reserves into the Activities. The estimate activity durations process is in the PMI process group of planning and the PMI knowledge area of time management.Īccording to the PMBOK, this activity has the following characteristics: Once the activities have been defined, it is necessary to estimate activity durations before a developing the schedule. You can help Project Management Wiki by expanding it.
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